Bitcoin is approaching the $100,000 milestone, fueled by a 130% YTD gain, positive news in the crypto sector, and increasing institutional investments. Key drivers include discussions of crypto policy in the U.S., a potential SEC leadership change, and a surge in Bitcoin ETF assets. Experts predict volatility, with potential corrections to $80,000, but remain bullish on long-term growth.
The article discusses the various conflicts and factors influencing crude oil prices, emphasizing geopolitical tensions, production decisions by major oil producers, and global demand fluctuations. Key drivers include OPEC’s policies, U.S. shale production, and economic trends in major markets like China. These dynamics result in volatility, making crude oil a sensitive commodity in global trade. Understanding these underlying factors is critical for investors and analysts monitoring energy markets.
Here's a brief summary of the article:
Lowest Demand Since February 2022: The demand for the latest Singapore Savings Bond (SSB) issuance reached its lowest level by absolute value since February 2022.
10-Year Average Return: The 10-year average return for the latest issuance is 2.56%, which is a new low for 2024.
Applications and Allotment: The November issuance received applications totaling S$99.6 million for the S$600 million on offer, with S$92.2 million being fully allotted.
Comparison with Previous Issuance: In comparison, the October issuance received S$206.6 million in applications for the S$800 million on offer.
Interest Rates: The latest issuance offered a first-year interest rate of 2.25%, down from the October issuance's 2.59%.
"As expected, lots of retail investors are seeking better returns elsewhere. If you believe the bull market still has legs, it's not too late to hop on the stock market bandwagon.
Personally, I've invested additional funds into EndowUS Flagship CPF Portfolio using CPF OA. It's generated 5%+ return for me so far over 3 years and I'm predicting it will continue to do well."
The Moomoo article discusses the competition among tech giants Apple, Amazon, Microsoft, and Alphabet to reach a $4 trillion valuation. It highlights each company's growth strategies and market influence, with a focus on how innovation, acquisitions, and market diversification may influence which firm reaches this milestone first.
OpenAI:
Here are the 5 key points from the article on The Edge Singapore about retirement planning in Singapore:
My Thoughts:
Retirement is an exercise that is good to start early on.
Easier to make mistakes and roar back when young.
A lot of lessons will be learnt along the way.
So many influencers, analysts, etc have said the bull market is strong and will continue for a few more years.
Based on historical data, there's no denying it.
For people like me with 13+ years to 55 years old, can take some risks. One could argue it would take some awful luck to hit the lost decade years ( 2000 - 2010 ) if you invest now.
Do your due diligence and proper allocations though. No one knows the future.
OpenAI:
The HBO documentary "Money Electric: The Bitcoin Mystery" has garnered mixed reviews from both the crypto community and the general audience.
Here's a summary of the feedback:
Directed by Cullen Hoback, the documentary dives into the origins of Bitcoin and attempts to uncover the identity of its mysterious creator, Satoshi Nakamoto. The film suggests that Bitcoin Core developer Peter Todd might be Satoshi.
Skepticism: Many in the crypto community remain skeptical about the documentary's claims.Prominent figures like Bitcoin author Eric Yakes and Coin Center's Neeraj Agrawal expressed doubts about the evidence presented.
Mixed Reactions: While some appreciated the effort to explore Bitcoin's history and technology, others criticized the documentary for not providing conclusive proof.
Minimal Impact: The crypto market showed little reaction to the documentary.
Bitcoin and other major cryptocurrencies like Ethereum and XRP remained relatively stable.
Speculation: Despite the hype, the market did not see significant movements, and the documentary did not provide the definitive answers many were hoping for.
Overall, while the documentary sparked interest and speculation, it did not lead to any major revelations or market shifts. What are your thoughts on the documentary?
URL: https://growbeansprout.com/tbills-vs-fixed-deposit-vs-ssb-yield-oct-2024
OpenAI
The article from Growbeansprout.com discusses the best options for parking cash to earn a higher yield, focusing on T-bills, fixed deposits, and Singapore Savings Bonds.
Interest Rates: The article notes that interest rates have been falling recently, with the yield of Singapore 6-month T-bills and SSBs declining. Banks have also cut their interest rates.
Comparison: It compares the latest interest rates, advantages, and disadvantages of each option.
Recommendations: The author shares their strategy for deciding where to park cash to earn a higher yield.
